> Lafontant was to answer questions about the July 6-8 riots that followed the government's attempt to raise fuel prices by up to 51 percent as part of an agreement with the International Monetary Fund. At least seven people were killed and dozens of businesses were looted during the unrest.

This is what ultimately happens to all political leaders who foolishly believe the IMF, IDB, etc. provide advice that is in the best interest of their country and its people. These international agencies represent only the interests of their constituents in the developed countries. Their mission is to destabilize lesser developed countries, mainly by encouraging and incentivizing foolish politicians to bury their country in unsustainable debt, so that their country's natural resources (sun, sand and sea in our case) and utility enterprises can be acquired by the foreign interests these international agencies represent for mere pennies on the dollar.

Lafontant at least did the right thing in resigning......something Minnis would never do unless the people literally threw him out of parliament on to the street. With the recent 60% increase in VAT and $5+ per gallon gasoline prices at the pump, Bahamians and illegal immigrants alike are on the verge of massive street protests and uncontrollable rioting and looting. The smallest of sparks will now set this off and that will be the end of our tourism industry. The writing is clearly on the wall thanks to our dumb politicians who continue to follow the advice of the IMF, IDB, etc., which advice has sucked just about every dollar out of the pockets of our local consumers, leaving the wealthy in our society with no incentive to make productive investments that create jobs. And we all know what happens when their is no velocity of money in an economy.

"their" should obviously read "there" in last sentence to my post above.

But much more importantly, our lame-brain political leaders like PM Minnis and DPM Turnquest must refrain from turning the Bahamas into a vassal state controlled by international agencies that do not represent the interests of our country and its people. The Bahamian people have every right to expect that their elected officials will not permit their duty and responsibility to establish social and economic policies in the best interest of the Bahamas to be usurped by foreign controlled international agencies like the IMF, IDB, OECD, WTO, etc.

Always will be a failed state.

It doesn’t take a rocket scientist to figure out that when you impose such an unbearable burden on the backs of your people in one of the poorest countries on the planet, what did Lafontant think was going to happen?? This is what happens when leaders are out of touch with their people. I’ll bet he’s no longer in Haiti!

“The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."

And the IMF is supposed to address poverty, securing financial stability, promoting high employment and helping build nations........really????.........what a bunch of BS that is!!!

he was being pressured by none other than a French woman technocrat within the IMF.

Haiti is broke and subsidization of fuel further deepens how broke the problem. The government wasn't 'raising prices', they were cutting subsidies to redirect to education and healthcare.

Apparently there are a growing number of foreign (including Bahamian) business enterprises in Haiti. Taxes do have to be paid in order for the Government to subsidize, or partially subsidize fuel, or anything else. It would appear the IMF had a direct roll in this latest mess in Haiti.

they did. But it was a good suggestion, bad timing, even worse that it was't gradual instead of over night

That seems about right. Excellent idea though, to redirect funds to education and healthcare..............

*To Alex_Charles:* It is never a "good suggestion" for any international agency that has played an important hand in the bankrupting of a nation to drive a dagger into the hearts of its people. Rumours abound that Sir Snake (Frankie Wilson) will be soon be jacking up in a big way the price of gasoline at gas pumps throughout the Bahamas consistent with an agreement between the IMF and the Bahamian government. The Minnis-led FNM government should be forthrightly informing the Bahamian people of the details of all agreements/commitments made by the current and past Bahamian governments with international agencies like the IMF and WTO that must be honoured unless contested as having been imposed by outright foreign coercion in our sovereign affairs.

what agreement? We have 3 stages taxes levied on gasoline and diesel. I'm having a hard time imagining any agreement changing the tax structure, unless you're meaning we're going to be raising taxes on Gasoline again.

Oh Mudda. for that we would need accountability and transparency, the illusive Government In The Sunshine!